Welcome to our Bitzat review regarding Bitzat.com.
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On October 24, 2023, we received the following complaint from a person who reported being scammed for 0.84 Bitcoin (worth more than $29K):
Someone sought my assistance and agreed to compensate me with some cryptocurrency for my help. We conducted a few transactions, and now 0.84 bitcoins are stuck on this website. The website indicates that an additional deposit is required to withdraw the funds. They have not released my money and are still demanding further payments from me. The dubious website is https://bitzat.com/en/dashboard/wallets.
So what is Bitzat, and is it a SCAM?
Bitzat.com Review
Bitzat.com was registered for one year through NameCheap on August 24, 2023, exactly two months ago. It is protected by Cloudflare and a privacy service provided by Withheld for Privacy.
Its SEMrush Authority Score is 2%, with 9 backlinks from 7 referring domains.
Several pages from “bitzat.com” are indexed on Google. The pages include the primary access, sign-in, sign-up, and referral sections.
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This site presents itself as a cryptocurrency exchange platform. It claims to make digital currency operations easy and affordable. They also claim to offer a variety of digital assets for trading with low fees.
Content Analysis
Bitzat is a new cryptocurrency exchange aiming to revolutionize the crypto world. It enables users to trade, stake, and soon, interact with NFTs. The exchange places a significant emphasis on security, using HTTPS, cold wallets, and WAF for protection. It also advocates for two-factor authentication, urging users to enable this feature for added safety.
Bitzat operates globally, allowing users from different countries to engage in trading activities on their platform. A user can find various cryptocurrencies listed for trading, implying a wide array of options. The company also stresses the importance of KYC, emphasizing its necessity in ensuring secure transactions.
For users facing issues, Bitzat offers support through their email, support@bitzat.com. Users can reach out for assistance on transaction inquiries and other related concerns. However, there’s no mention of a physical address, phone number, or presence on social media platforms.
A closer inspection of Bitzat’s content raises some red flags. The absence of clear regulatory information and the lack of transparency about the company’s physical location are concerning. There’s also no mention of team members or company leaders, which is quite unusual for a legitimate exchange. Additionally, Bitzat lacks a community presence, as there are no links to social media or forums. These aspects make it challenging to ascertain the credibility and reliability of the exchange.
Bitzat Reviews
Several reviews and checks have been conducted on Bitzat.com across different platforms. On ScamAdviser, a tool has been used to check the legitimacy and reliability of the site. ScamAdviser offers users a platform to report scams and get advice on website reliability. Another site, Earn More Cash Today, describes Bitzat.com as a platform for trading and investing in cryptocurrencies. They allow users to make money online by trading digital currencies.
However, Even Insight raises concerns by labeling the site as risky. They have given Bitzat a low safety score, which indicates potential risks associated with the site. This negative score is based on several factors, including past scam reports and other unspecified reasons.
Missing from these reviews are significant details like company information and its operational transparency. Also, there is no mention of regulatory compliance in the summaries. No additional contact details or references to social media presence are provided either. The mixed reviews, coupled with a lack of detailed information, point towards exercising caution and conducting a more in-depth review before engaging with Bitzat.com.
Let’s dive deeper into these reviews.
Earnmorecashtoday.com Review of Bitzat
Bitzat.com is a cryptocurrency trading and investment platform. The site promises quick returns on investments. It also offers a referral program, encouraging users to invite others for rewards. Despite these offers, there are concerning signs. The website’s owner information is not available, which raises trust issues. Bitzat’s content appears duplicated from other sites, and its trust score is very low.
Earn More Cash Today warns that investing in Bitzat is risky. They advise potential investors to exercise caution and conduct thorough research before investing. There is no app available for Bitzat, but its website is mobile-friendly. The conclusion drawn by the review is to remain cautious and well-informed to avoid falling victim to possible scams like Bitzat.
Eveninsight.com Bitzat Review
Bitzat.com is a website that deals with cryptocurrency, but it is marked as risky. It scores only 5 out of 100 on safety. This score comes from looking at past scams, domain details, and technical factors. The site does have a valid SSL certificate, which means connections to it are secure.
However, Bitzat.com is very new, being registered on August 24, 2023. It doesn’t attract many users, and it’s not well-known. It’s crucial to be cautious when dealing with this site due to its high-risk nature. The review strongly advises against using Bitzat.com due to the significant risks of it being a scam aimed to deceive users. Before making any decisions, personal research is highly recommended.
Scamadviser.com
Bitzat.com has a low trust score, according to Scamadviser, with a trust score of 36/100. The website appears suspicious and might be a scam. No customer reviews are available on Scamadviser for Bitzat. The website’s owner is using a service to hide their identity. This makes it hard to identify the website’s actual owner, raising suspicion.
A few positive aspects were noted, such as a valid SSL certificate ensuring encrypted communication. However, there are several negative highlights as well. The website is very young, and its domain has only been registered recently, adding to its suspicious nature. The website’s registrar has a high percentage of spammers and fraudulent sites associated with it.
Scamadviser recommends exercising caution and conducting extra research to ascertain whether Bitzat is legitimate or a scam. This is due to factors such as hidden owner identity, low website traffic, and its association with a registrar known for spam and fraud.
Conclusion
In concluding our review of Bitzat.com, several factors need careful consideration. First, the low trust score on Scamadviser is alarming. It immediately raises red flags about the website’s credibility. Also, there are no customer reviews available. This lack of user feedback makes it challenging to gauge user satisfaction and experience.
Moreover, the website’s owner has chosen to hide their identity. While this might be a step to avoid spam, it also makes the website seem less trustworthy. It adds a layer of mystery and suspicion around the site’s operations. Additionally, the website is relatively new, and the domain was registered recently. New websites typically carry more risks, as their reliability is not yet proven.
Furthermore, Bitzat is associated with a registrar known for spam and fraud. This association doesn’t bode well for its reputation. It’s essential to proceed with caution and conduct extra research to avoid potential scams.
Bottom Line
So, where does this leave potential users of Bitzat.com? It underscores the importance of caution. Users should not take the website’s legitimacy at face value. Instead, conducting comprehensive research and review is advisable before engaging with the website. Prioritize safety and secure transactions to avoid falling victim to possible online scams. It’s always better to be safe, taking preventive steps than to face issues down the line. In this digital age, the presence of scams is unfortunately familiar, making vigilance a necessary virtue for online users. Thus, we recommend potential users exercise a high level of scrutiny and caution when dealing with Bitzat.com.
If you are a victim of online scams, please let us know by commenting below, and if you have lost a significant amount of money, do not lose hope. We can help you recover your funds!
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